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Property Description
INVESTMENT OPPORTUNITY IN NORTH TAMPA! Don't miss this income-producing duplex featuring two separate 2-bedroom, 1-bathroom units, offering an excellent opportunity for investors seeking established rental income. Both units are currently occupied by long-term tenants, each with approximately three years of tenancy, generating a combined rental income of $3, 600 total a month ($1, 800 each unit), as reported by the seller with leases in place.
Previously advertised property highlights include updated interiors, granite countertops, luxury vinyl plank flooring, separate water and electric meters, tankless water heaters, and individual HVAC systems replaced in 2020. The property also features a fully fenced yard and a spacious lot.
Conveniently located in the 33613 area near the University of South Florida, major roadways, shopping, dining, and other everyday conveniences.
ADDITIONAL LAND OPPORTUNITY: The adjacent lakefront lot can be purchased in conjunction with the duplex and is currently listed separately. The additional lot is zoned RMC-20, offering potential for future development or investment opportunities. The seller may consider owner financing on the additional lot only.
Whether you're expanding your investment portfolio or exploring an owner-occupant opportunity, this property offers versatility, established rental history, and the added value of an adjoining lakefront parcel.
Don't miss your opportunity to acquire an income-producing property with additional land in North Tampa!
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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